Business/Financial

Lockheed Martin [LMT] on Tuesday said it has agreed to sell its Pacific Architects and Engineers (PAE) business unit to the private equity firm Lindsay Goldberg, LLC. Terms of the […]

Britain’s BAE Systems has completed its acquisition of the intelligence services businesses of L-1 Identity Solutions [ID], clearing a hurdle for the conclusion of the sale of the rest of […]

ManTech International [MANT] this week said it has acquired TranTech, Inc., a provider of information technology (IT), networking and cyber security services to the federal government that has a prime […]

By Calvin Biesecker Booz Allen Hamilton [BAH] yesterday reported higher third quarter and earnings driven by growth in all of its market segments and a tax benefit. The earnings report […]

By Calvin Biesecker Northrop Grumman [NOC] yesterday posted lower net earnings in the fourth quarter due to a debt retirement charge and a lack of income from its discontinued operations, […]

SRA International [SRX] yesterday said its second quarter net income fell slightly due to a severance charge and higher taxes although sales grew modestly due to acquisitions. Net income dipped […]

Kratos Defense & Security Solutions [KTOS] yesterday said it has agreed to acquire Herley Industries [HRLY] for $19 per share, or about $270 million in cash, giving it design and […]

By Calvin Biesecker ATK [ATK] yesterday said its third quarter earnings fell due to a charge related to development work the company is doing on composite structures for the Airbus […]

General Dynamics [GD] yesterday said its board of directors has authorized management to repurchase up to 10 million shares of the company’s common stock on the open market. The authorization […]

Curtiss-Wright Corp. [CW] this week said it has agreed to the surface technologies business from the German chemical firm BASF, expanding its current capabilities in coatings technology. Terms of the […]